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  5. Pryme Group Acquires Sengs Subsea Engineering Solutions

M&A Deal Summary

Pryme Group Acquires Sengs Subsea Engineering Solutions

On December 1, 2016, Pryme Group acquired test/measurement equipment company Sengs Subsea Engineering Solutions

Acquisition Highlights
  • This is Pryme Group’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Pryme Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2016-12-01
Target Sengs Subsea Engineering Solutions
Sector Test/Measurement Equipment
Buyer(s) Pryme Group
Deal Type Add-on Acquisition

Target

Sengs Subsea Engineering Solutions

Aberdeenshire, United Kingdom
Sengs Subsea Engineering Solutions Ltd. is an engineering company providing subsea engineering design consultancy, equipment testing and assembly, repair and refurbishment and rental of certain subsea equipment.

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Buyer(S) 1

Buyer

Pryme Group

Dundee, United Kingdom
Category Company
Sector Manufacturing
DESCRIPTION

Pryme Group Ltd. is a provider of integrated manufacturing solutions to a broad range of industries. Pryme offers customers a one-stop, turnkey service for contract manufacturing by combining high quality machining with design capability, hydraulic services, fabrication skills, assembly and test and project management.

DEAL STATS #
Overall 1 of 1
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
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